Kim Farrant, who most recently worked as head of ESG at Hostplus, will work within HESTA’s investment management team to “progress the fund’s responsible investment strategy and broader impact ambitions”.
“HESTA has pioneered an award-winning impact investment program and responsible investment framework that contribute positively to global sustainable development goals while delivering strong long-term financial returns for members,” HESTA CIO, Sonya Sawtell-Rickson, said.
“Kim’s wealth of expertise across environmental, social and corporate governance will support HESTA to continue its important work.”
Ms Farrant has also previously held roles at VicSuper and Ernst & Young.
“Rio Tinto’s destruction of the Juukan Gorge caves and the AMP sexual harassment scandal highlight the need for investors to manage environmental, social and governance issues appropriately to protect and enhance long-term value for super fund members,” Ms Farrant said.
“HESTA has been a leader in responsible investing for many years and I’m looking forward to continuing this work, which will make a real difference to members’ financial futures.”
Ms Farrant will commence her new role with HESTA on 12 July.
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.